Stakeholder Capitalist

Is there a new paradigm for 21st century leadership—enhancing returns for investors only by creating value for customers, people, supply chain and distribution partners, communities and the environment. Based on this Enterprise Engagement Alliance YouTube show, the answer is yes: the challenge is that many purpose leaders are too busy running their businesses and putting the spotlight on their stakeholders to proselytize a new lead...

In March 2022, the Enterprise Engagement Alliance featured a YouTube show with three leaders in the Stakeholder Capitalism and related ESG (Environmental, Social, Governance) to assess the state of the movement. Now 18 months later, we bring back two of the three panelists to share their views of the future and their views haven’t changed: the shift to a stakeholder mindset is inevitable but will take many forms. How much has chan...

Business and social media are filled with articles about employee engagement and experience: much less attention is given to the concept of job design—the purpose, goals, and objectives of a job and a specific focus on the daily purpose, goals, objectives, and specific tasks of a job in order to make them as productive and individually satisfying as possible.

Rather than focusing on the traditional topics related to employee engag...

At a time of increased union organizing and growing demands for increased worker voice, there are problem-solving approaches to collective bargaining that can up the interests of key stakeholders in the commercial, non-profit, and government sectors. To help management on both sides gain the knowledge and skills needed to have more successful bargaining outcomes, the Heller School of Business has created an Executive Education Prog...

This Enterprise Engagement Alliance YouTube Show, “Unions in the Emerging Era of Stakeholder Capitalism,” suggests that a new generation of both management and labor leaders could lead to an era of greater cooperation between labor and management. What is lacking are trust and business and labor leaders knowledgeable about the potential benefits of labor-management collaboration and how to fully capitalize on it.   Unions with a co...

An expert on work-life issues and labor relations asserts in this Enterprise Engagement Alliance YouTube Show that worker voice is a generally overlooked source of value creation and risk reduction. This article and webinar provides an overview of the opportunities, benefits, challenges, and steps to success.

Companies frequently say that workers are their No. 1 asset, but what does that truly mean in practical terms? It stands to...

If the implementation of Stakeholder Capitalism requires a strategic and systematic process, it stands to reason that the emergence of this field will foster the creation of a new field of experts, services, and technology, much as occurred in the field total quality management, customer relationship management, loyalty management, and many others. Along with the Enterprise Engagement Alliance and its Engagement Agency division, St...

The current controversy about Stakeholder Capitalism and ESG (Environmental, Social, Governance) will eventually die down because it’s simply about better business and is non-partisan. B Lab nearly doubled the number of certified companies during the pandemic because of the surprising focus on creating value through people…Certified B Corporations did much better during the pandemic than most companies and having a B Corp Certifica...

In this podcast on Stakeholder Capitalism, Leo E. Strine Jr., former Delaware Supreme Court justice, early advocate for the Public Benefits Corporation statutes, with Larry Beeferman, Fellow on Work Life and Labor for the Harvard Law School, refute the notion that Stakeholder Capitalism has anything to do with politics. In fact, Strine argues, most companies should stay out of politics and focus on the welfare of the stakeholders—e...

Despite decades of pressures from racial and social equity groups, US corporations have for the most part made only slow progress toward baking Diversity, Equity, and Inclusion into their business plans, according to panelists Eric Darrisaw, Principal, Lazarus Advisors, a boutique advisory firm focusing on Environmental, Social, Governance (ESG), human capital management, and DEI; Marvin Owens, Chief Engagement Officer, NAACP Impac...

Who better to catch up with on the state of Stakeholder Capitalism but R. Edward Freeman, Professor of Business Administration at the University of Virginia Darden School of Business. His 1984 book “Strategic Management: A Stakeholder Approach” helped give rise to the extensive research on the benefits and methods of managing and addressing all stakeholders in an organization, rather than focusing specifically on the interests of s...

This show focuses on the role human resources or other management can play in: helping CEOs develop and implement a human capital management strategy with clear metrics; providing better measurement of HR practices; contributing to the publication of Corporate Responsibility Reports, and even assisting CEOs with human capital merger and acquisition assessments. What does HR need to make the case for a strategic and systematic appro...

Over the last two decades, hundreds of books have focused on leadership and culture, and many CEOs at companies of all sizes have hired coaches to help improve their management styles. And yet, after 20 years or more of talk, probably no more than 20% of organizations have a strategic approach to culture management—i.e., a CE0-led plan that drives a consensus-based brand promise, values, culture, and objectives through a formal pro...

Human Resources visionary Dave Urlich talks about the forces potentially changing HR in the coming years. Investors, consumers, talent, and now the Covid-19 crisis have put increasing pressure on CEOs to have a strategic and systematic approach to managing human capital. This show addresses the emerging topic of Stakeholder Capitalism being espoused by an increasing number of influential leaders, including the World Economic Forum,...

On the one hand, the severe economic downturn and increasing push to digital is squeezing margins for agencies, and on the other hand, consumers have become even more skeptical about companies and are demanding a greater focus on people and authenticity: 70% of respondents to a recent JUST Capital/Harris Poll say they prefer to do business, work for, or do business with people-focused businesses. This podcast addresses the potentia...

Amy Armitage, Chair Human Capital Investment & Reporting Council, Program Director; Eric Darrisaw, CEO, Lazarus Advisors; Dorien Nunez, Principal and Co-Founder of the OMNIResearch Group, and Nick Shepherd, Fellow Chartered Professional Accountants Canada discuss why human capital reporting likely will become common because of new Securities & Exchange Commission disclosure requirements, the new Stakeholder Capitalism metrics publi...